secwatch.observer — SEC 8-K summary
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Issuer:     Clene Inc. (CLNN)
CIK:        0001822791
Form:       8-K
Filed at:   2024-05-30T23:59:59+00:00
Accession:  0001437749-24-018759
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clene stockholders approve doubling authorized shares, reverse split authorization, and stock plan amendment
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- Authorized common shares increased from 300M to 600M via certificate amendment.
- Amended 2020 Stock Plan adds 30M shares reserved for issuance; total now 48.4M.
- Board authorized to effect reverse stock split at ratio 1:5 to 1:20 at its discretion.
- Class I directors elected: Jonathon T. Gay, Vallerie V. McLaughlin, Reed N. Wilcox.
- Ratified Deloitte as auditor; advisory vote approved executive compensation with one-year frequency.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822791/000143774924018759/0001437749-24-018759-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822791/000143774924018759/clnn20240528_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-018759

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer